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Blockchain Revolution Series

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A block chain or blockchain is a permissionless distributed database that maintains a continuously-growing list of transaction records hardened against tampering and revision. It consists of blocks, holding batches of individual transactions. Each block contains a timestamp and an information linking it to a previous block. The block chain is seen as the main technical innovation of bitcoin, where it serves as the decentralized public ledger of all bitcoin transactions. This original design has been the inspiration for other cryptocurrencies and distributed databases. In this series, we cover latest development stories related to blockchain and its applications around the world.

Blockchain Revolution Series

Blockchain platform MultiChain announces beta release, welcomes new members for Platform Partner Program

Mar 31, 2017 07:07 am UTC| Digital Currency

Private blockchain platform MultiChain from Coin Sciences Ltd. has announced the first beta release of MultiChain 1.0 for Linux and Windows. It also announced the addition of 14 companies to the MultiChain Platform Partner...

Blockchain Revolution Series

Ripple’s blockchain interbank group for global payments welcomes MUFG

Mar 31, 2017 06:31 am UTC| Digital Currency

Japanese financial services company Mitsubishi UFJ Financial Group (MUFG) announced that its banking arm Bank of Tokyo-Mitsubishi UFJ has joined the Global Payments Steering Group (GPSG), which is the Ripples interbank...

Blockchain Revolution Series

Chain collaborates with Thales to enhance blockchain security

Mar 31, 2017 06:16 am UTC| Digital Currency

France-based cyber-defense giant Thales has teamed up with Chain, a U.S.-based provider of enterprise-grade blockchain infrastructure that enables organizations to build breakthrough financial products and...

Blockchain Revolution Series

Blockchain Foundry announces launch of three Syscoin blockchain offerings on Microsoft Azure

Mar 31, 2017 05:35 am UTC| Digital Currency

Blockchain Foundry Inc. has announced a major milestone in the form of Microsoft Azure product certification for three products powered by the Syscoin blockchain. Syscoin, a blockchain protocol facilitating secure...

Blockchain Revolution Series

Key financial institutions demonstrate first working blockchain solution for syndicated loan servicing

Mar 31, 2017 05:18 am UTC| Digital Currency

Major financial institutions have participated in the successful demonstration of the first working blockchain solution for syndicated loan servicing that was exclusively developed by Synaps Loans, a joint venture of Ipreo...

Blockchain Revolution Series

HKMA, Deloitte and other banks develop blockchain PoC for trade finance

Mar 31, 2017 05:02 am UTC| Digital Currency Fintech

The Hong Kong Monetary Authority (HKMA), consulting firm Deloitte, and leading trade finance banks in Hong Kong have developed a distributed ledger technology (DLT) proof of concept for Trade Finance. Industry...

Blockchain Revolution Series

Filament raises $15M to bring industrial application of IoT and blockchain for production

Mar 31, 2017 04:46 am UTC| Digital Currency

Filament that provides wireless industrial network announced that it has received $15 million in new venture financing that was led by Verizon Ventures and Bullpen Capital. The startup is seeking to bring the industrial...

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Economy

Stock Futures Dip as Investors Await Key Payrolls Data

US stock futures declined early Friday as markets braced for the December nonfarm payrolls report, a pivotal indicator for Federal Reserve policy. By 03:28 ET, SP 500 futures slipped 0.2%, Nasdaq 100 futures dropped 0.3%,...

Autonomous Vehicles: The Next Technological Revolution

Autonomous vehicles (AVs) are poised to revolutionize transportation, much like the transition from horses to cars, according to Siddharth Mehta, Senior Director at AI computing firm Tenstorrent and former Waymo product...

Bitcoin Edges Higher Amid Jobs Report but Faces Weekly Decline

Bitcoin recorded modest gains on Friday following the release of Decembers stronger-than-expected jobs report, but it remains on track for significant weekly losses. Heightened concerns over slower U.S. interest rate cuts...

Elevated Stock Valuations and Rising Treasury Yields Pose Risks to US Equities

US equities face increasing risks as elevated stock valuations meet a less resilient economy, according to BCA Research analysts led by Peter Berezin. The SP 500 surged 23.3% in 2024, marking its strongest two-year...

US Job Growth Surges in December, Impacting Fed Rate Cut Outlook

The US economy defied expectations in December, adding 256,000 nonfarm payroll jobs, surpassing economists forecast of 164,000 and Novembers revised 212,000 increase. The unemployment rate dipped to 4.1%, down from...

Politics

Biden Calls for Enhanced Cybersecurity to Counter Escalating Threats

President Joe Biden is introducing an executive order to strengthen cybersecurity standards for federal agencies and contractors, targeting vulnerabilities exposed by recent cyberattacks linked to China. The order,...

Liberal Party Seeks Trudeau's Replacement as Leadership Race Heats Up

Canadas Liberal Party is in search of a new leader following Prime Minister Justin Trudeaus announcement to step down. The winner will be revealed on March 9. Top contenders include prominent figures with extensive...

Japan’s Foreign Minister to Attend Trump’s Inauguration

Japanese Foreign Minister Takeshi Iwaya is set to attend Donald Trumps January 20 inauguration for his second term as U.S. president, marking a historic first for a Japanese cabinet member. According to Japans Nikkei...

Biden Extends Deportation Relief for 900,000 Immigrants Ahead of Trump's Return

President Joe Bidens administration has renewed deportation protections for 900,000 immigrants from Venezuela, El Salvador, Ukraine, and Sudan through the Temporary Protected Status (TPS) program. This move extends their...

Maduro Sworn in for Controversial Third Term Amid Election Dispute

Venezuelan President Nicolas Maduro, in power since 2013, was inaugurated for a third term despite an ongoing election dispute and international backlash. The July election, declared in Maduros favor by Venezuelas...

Science

Bill Gates’ Shocking New Malaria Solution Unveiled as Genetically Modified Mosquitoes Turn Into Flying Vaccinators

In a groundbreaking and controversial move, researchers funded by the Bill and Melinda Gates Foundation at Leiden University Medical Center have developed a revolutionary approach to combat malaria. The team has created...

Explosive CIA Whistleblower Claims Havana Syndrome Victims Face Cancer, Dementia, and Government Betrayal

A former CIA operative has come forward with alarming allegations, claiming that victims of the mysterious Havana Syndrome are now battling devastating health issues, including cancer, dementia, and Parkinsons disease. The...

FDA Approval of Opdivo Injection Sparks Hope for Cancer Patients with Revolutionary Treatment Update

In a significant advancement for cancer care, the U.S. Food and Drug Administration (FDA) has approved an injectable version of Bristol Myers Squibbs blockbuster cancer drug Opdivo. Branded as Opdivo Qvantig, the new...

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Technology

Optimistic Outlook for Chipmakers in 2025 Driven by AI Demand

Mizuho analysts project a positive 2025 for chipmakers, supported by robust artificial intelligence (AI) demand, data center expansion, and advancements in networking and memory chips. This optimism persists despite...

TSMC December Sales Surge 57.8%, Driven by AI Demand

TSMC (NYSE:TSM), the worlds leading contract chipmaker, posted a 57.8% year-on-year jump in December sales, reaching T$278.16 billion ($8.44 billion). This sharp growth highlights robust demand from the booming artificial...

Tesla Unveils Redesigned Model Y in China to Compete in Crowded EV Market

Tesla has introduced a revamped Model Y in China, aiming to recapture market share from competitors like Xiaomi. Priced at 263,500 yuan ($35,900), the updated Model Y is 5.4% more expensive than its predecessor. Deliveries...

Elon Musk Offers Starlink Aid Amid LA Wildfires, Criticizes California's Crisis Management

Elon Musk announced that SpaceX would provide free Starlink terminals to wildfire-stricken areas in Los Angeles. The Tesla CEO shared on social media platform X that the terminals would be delivered by Thursday morning to...

Elon Musk’s Controversial EU Clashes Amid DSA Investigation

Elon Musk hosting Alice Weidel, leader of Germanys far-right Alternative for Germany (AfD) party, on his X platform has drawn scrutiny from the European Commission. This move coincides with heightened EU efforts to curb...